Home for Sale at 2945 Doris Drive, Burlington, NC 27217

2945 Doris Drive
Burlington, NC 27217

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Property Details

List Price:	$850,000
Beds:	2
Baths:	2
Status:	Active
SqFt:	2626
Agency:	Keller Williams Realty

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Description/Comments

Lot Size:	10 acre(s)
Property Type:	Residential
Year Built:	2009
Notes:	Incredible brick ranch on BREATHTAKING 10.41 acres with fully stocked pond! This is one of those jaw-dropping properties that is impossible to truly capture in words. The magic begins as you drive through the gated entry & down the .2 mile winding road to the private cul-de-sac that is home to just 2 houses. This GORGEOUS one-level home boasts only high-end upgrades with no detail left undone! Living areas include a sprawling family room with marble-surround gas log fireplace & one bright, open area housing dining, breakfast, & kitchen featuring 2 pantry closets, built-in granite desk, & enormous granite island with bar seating. Astonishing 23'x17' primary suite offers additional 12'x9.5' sitting area (currently an office), amazing tray ceiling, & huge, luxurious en-suite bath with pocket door to 16' LONG walk-in closet! Additional interior features include 10'-12' ceilings & 8' doors throughout, arched doorways & dazzling fixtures. In addition to the grand covered front porch you'll find an incredible 27'x15' screened-in porch at the rear of the home with steps down to a 27'x18' brick gated patio. The indescribably beautiful parcel boasts a stunning pond with fountain & cedar swing overlook; a small basketball court; 2-car carport; & a 25'x25' building that is part garage/workshop & part man cave with half bath. Once you arrive you'll never want to leave! Book your showing today & experience this oasis for yourself! (Original house plan included additional square footage on the second level which can still be added.)
MlsNumber:	10027342

Listing Provided By:	Keller Williams Realty, original listing
Name:	Keller Williams Realty
Phone:	(336) 263-6681
Office Name:	Keller Williams Central
Office Phone:	(336) 227-4433
Agent Name:	Sandy Sparks
Disclaimer:	Copyright Â© 2024 Triangle MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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